Mahanthesha v. G.M. Jagadeesh
Case brief
What is this about?
Motor accident claim appeal settled at Lok Adalat: the insurer agreed to pay Rs. 1,00,000/- additionally over the tribunal award in full and final settlement via a joint memo, to be deposited with the tribunal within six weeks or attract 9% interest on default.
What did the court decide?
Enhanced lump-sum compensation of Rs. 1,00,000/- payable by the insurer in addition to the tribunal award, deposited within six weeks else 9% p.a. interest.